Giftify reports a GAAP loss of $0.08 per share for Q1 2026, despite revenue growth and improved gross margins.
Giftify reported a Q1 GAAP loss of $0.08 per share on revenue of $21.35 million. The company’s gross profit climbed 18.5% year-over-year to $4.2 million, up from $3.6 million in Q1 2025.
Gross margin expanded 380 basis points to 19.9%, driven by operational efficiencies. Revenue growth outpaced the prior-year period, though the net loss persisted amid higher costs.
The results reflect ongoing investments in scaling operations while maintaining margin improvement.